Category Archives: Financial

Elections Have Consequences

Presented with no commentary. David DeGerolamo

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Frontrunning: November 7

From Zerohedge.com: Obama Wins Re-election With Romney Defeated in Key States (Bloomberg, Reuters) Romney’s last, greatest ‘turnaround’ falls short (Reuters) Control of Congress set to remain split (FT) Republicans to Hold Most Governor Offices Since 2000 (Bloomberg) Economic Unease Looms After … Continue reading

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Gold Soars, Futures Plunge As Free Reign For Bernanke Appears Assured

S&P futures are now unchanged from Monday’s close – having lost 14 points from the close and over 18 from the highs. Meanwhile, gold is soaring and the USD is being sold. It would appear that as the odds of … Continue reading

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Gold Gone Wild

Following the biggest drop in almost five months, Gold has bounced hard off its 100DMA as it goes vertical – rising the most in two months. Breaking back above $1700, we can only speculate that this cross-asset class ramp is … Continue reading

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Got Gold?

httpv://www.youtube.com/watch?v=N3q5NyxI8nk#! This is the reason this I do not like scenarios. No one can argue that China controls our nation’s economic future. Our national security has been exchanged for Obama phones, EBT cards and iPads. When or if this particular … Continue reading

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Investment Overview

In this episode, Max Keiser and Stacy Herbert discuss Chinese investors pouring money into silver, while American investors pour money into bonds 33 times faster than into equities. They also look at the latest updates to the mystery of there … Continue reading

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GM Channel Stuffing Soars To Record

For a few months there, we were worried that GM may have actually found a (government-funded) natural subprime buyer of its vehicles after the company managed to keep its channel stuffing in check for several months. Those fears ended today … Continue reading

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Sturm, Ruger’s Revenues

More…

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Santelli Rips Apart ‘Connected’ Corzine

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2 Refineries, 3 Nuclear Sites, And 6.25 Million Residents Still Dark

The US Department of Energy has just released their latest storm damage report for Sandy and it does not make for good reading. Over 50% of New Jersey residents remain without electricity and almost 2 million people in New York state … Continue reading

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John Williams: Fed Money Printing will Trigger a Sell-Off Providing

httpv://www.youtube.com/watch?v=GRR7EzsS6m4 From YouTube: http://usawatchdog.com/dollar-sell-off-and-hyperinflation-by-2014-john-williams/ – John Williams of Shadowstats.com contends there is 12 trillion in liquid dollar assets held outside the U.S. Williams says it is only a matter of time before all the Fed money printing will “trigger a sell-off … Continue reading

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There will be Panic into Gold

httpv://www.youtube.com/watch?v=SZHTFhrmyHk From YouTube: We caught up w/ Doug Casey, founder of Casey Research and participant in our “Great Financial Debate: Carville vs. Krauthammer vs. Casey” () at the 2012 New Orleans Investment Conference, and he shared with us some of … Continue reading

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HAPPY BIRTHDAY – ANN BARNHARDT

POSTED BY ANN BARNHARDT – OCTOBER 27, AD 2012 9:41 AM MST Today is my 36th birthday.Today is also the day that the IRS confiscated my bank account. I think that is positively poetic. Now you people know why I … Continue reading

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The Perfect Storm: For Hackers to Collapse Our Stock Market

Update: It appears that the NYSE has reconsidered the consequences of only closing floor trading and closed the markets completely for Monday and possibly Tuesday. http://www.zerohedge.com/news/2012-10-28/all-us-equity-markets-closed-monday-due-sandy ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The New York Stock Exchange and Mercantile Exchange has cancelled floor trading due … Continue reading

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Jim Rogers goes Short US Treasuries, talks JP Morgan Silver and a Boom in North Korea!

httpv://www.youtube.com/watch?v=Xk6BXbD4GTg

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